Jump to content
Sign in to follow this  
Guest Alan Knows Best

Lesson 2

Recommended Posts

Guest Alan Knows Best

You have;

Slices of bread X 12

Tub of butter X 1

Tomatoes X 12

Lettuce X 4

Turkey X 12 oz

COST £6.19

2 SLICES OF BRED

2 SPREADS OF BUTTER

1 CHOPPED TOMATO IN 4 PLACES

1/2 A LETTUCE

1 OZ OF TURKEY

SELL FOR £2.50

POTENTIAL TO MAKE 12 SANDWICHES = £30.00

GROSS PROFIT £30.00

NET PROFIT £23.81

___________________________________________________________________________________________________

FIND POPULAR EVENT SUCH AS PARTY IN PARK = CHECK

ACQUIRE 2 DAY LICENCE FOR £381

BUY £619 WORTH OF STOCK = CHECK

SELL 1,200 SANDWICHES = £3,000

GROSS PROFIT = £3,000

NET PROFIT = £2,000

  • Downvote 1

Share this post


Link to post
Share on other sites

fear

i actually need to watch waking life again, it's refreshing each time

  • Downvote 1

Share this post


Link to post
Share on other sites
Guest Lens

gross profit = sales minus cost of good, so what You have listed as net profit is actually gross. unlucky

need to deduct everything before You get to net

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this  

×